Pantheon Macroeconomics

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29th Sep 2022 17:55U.K., Daily Monitor

  • The supply of existing homes on the market needs to rise sharply to depress house prices substantially...
  • ...But the link between unemployment and forced sales has loosened, as fewer low-to-mid earners own homes.
  • We look for a 5% drop in house prices over the next 12 months, but a severe decline in housing transactions.

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Keywords for: 30 Sept 2022

house prices, unemployment, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence